New Edmonton Townhomes for Sale

When you’re looking to build equity, a new town house in Edmonton can be the best place to start. With monthly expenses comparable (if not more affordable) to that of a typical rental in Edmonton, these homes offer an opportunity start building yourself up financially. Unlike an apartment, a townhome is affordable without having to constantly deal with a landlord. Plus, it’s a great way to build equity in combination with wanting your very own home base.

New Townhomes in Edmonton

When you’re in the market for a new home, it can be tempting to stretch your investment and go with a less-than-ideal home that needs a lot of work. But because you spent most of everything on the home itself, you won’t have much left in the budget for the kinds of renovations that will make your home feel like yours instead of someone else’s discarded abode. More often than not, your dreams of knocking down the walls and refreshing the kitchen and bathrooms are tied up in budgetary or time concerns — and what would you ever do without a functional kitchen or bathroom for weeks on end? 

One solution is to consider a townhome. Not only do you get more out of your budget with a townhome over a traditional, single-family home, which will grant you access to better neighborhoods and communities, but you’ll also benefit from the conveniences of community living such as a safer living environment and shared amenities. 

If you buy new, townhomes in Edmonton can be an even better buy with updated floor plans, energy-saving appliances and new home systems with years and years of faithful service ahead of them (and a convenient warranty in case something goes wrong). While many homebuyers seek out the best previously-owned home they can afford, many used homes can end up being repair traps — or they’re so old that the style, layout and function of the home doesn’t match today’s modern living. 

New townhomes for sale in Edmonton also have significantly lower maintenance costs due to the fact that everything’s brand new, and, just like any other townhome, there’s no real landscaping and other work to keep up with, so it’s essentially worry free ownership. Common amenities also put neighborhood resources within walking distance, increasing the sense of community and strengthening bonds with you and your neighbors.

Another thing that brand new townhomes in Edmonton have going for them is that they’re conveniently located. When you’re part of a new development, you’re getting in on the ground floor of a hot, new neighborhood, complete with convenient access to shopping, dining and entertainment. Further development is also common, and over time you could find yourself in the middle of it all, with little need to venture to faraway communities.

Unlike older developments, new townhomes also tend to remedy the privacy challenges of condo or apartment living with better construction that minimizes neighborly noise and more private balconies and outdoor space than you would expect from a conveniently located townhome. 

In many ways, townhomes give you the best of both worlds. You get the space and comfort of a detached home without the cost, responsibility and inconvenient location of a traditional home. A brand new townhome may also be the same price or less than an equivalent, previously owned single-family home because of the high cost of land, which is typically smaller and subsidized by your neighbors in a townhome community. Sure, you might give up the spacious, private yard, but you’ll make up for it with a convenient location, lower costs and less responsibility than you would encounter with a single-family home.

Insurance on new townhomes is also significantly cheaper than what it would cost to insure a free-standing home. Because the footprint is smaller and the community areas are often managed by others, there’s less that can go wrong and less to cover when it does. And unlike condos, which don’t give you real land ownership, townhome ownership includes the land that the home sits on, which can be important for some buyers.

Another benefit of townhomes is that they’re move-in ready. Instead of settling for a pre-owned home with lots of problems or spending a small fortune gutting and redoing a less-than-ideal layout, a new construction boasts all the latest and greatest from modern, open floor plans to brand new appliances and powerful home systems. That means you don’t have to put up with drafty doors and windows, a fridge that runs all day or a heater that struggles to keep up.

But don’t forget timing. If you’re one of the earlier buyers in a new development, you get the pick of the litter, so to speak. Rather than settling for one of the last locations available, early birds to a new townhome development in Edmonton can select the lot with the best views, the most private balconies and outdoor areas, or a more optimal layout that suits their existing furniture and lifestyle. 

Being an early buyer in a new development can also help you take advantage of introductory pricing, which is commonly offered to drum up business for a new development project. After all, each lot that sits unsold is a slight reminder to buyers that demand is low, and most developers would rather unload a few townhomes below market rate to spark demand and entice interest in the larger community. If your timing is right, you could benefit greatly with a below-market purchase price.

From the experts at Sterling Homes

Whether you’re looking to buy your first home or your next, new townhomes in Edmonton represent a great opportunity in Canadian real estate. With a superior construction standard, dedicated design professionals that highlight the best of modern living and design, and remarkable customer service, there’s never been a better time to buy new — nor a better partner than Sterling Homes. We’ve been building homes in Edmonton for 70 years, and you can rest assured knowing that you’re getting the best construction for the best possible price. That’s the Sterling Homes promise to you.